The medical industry currently includes 75 unicorn startups from around the globe. Among the highest valued is Neuralink, a neurotechnology company with a $10B valuation, and Doctolib, a French booking platform valued at $6.4B.
The field is diverse, with many companies using artificial intelligence to solve different problems. For example, OpenEvidence reached a $6B valuation since its founding in 2021, while the mental health telemedicine company Cerebral is valued at $5B.
Below is the full list of 75 Medical unicorn startups at this time.
Top 10 Most Valuable Medical Unicorns
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Get the Sheet for $50Neuralink builds brain-computer interfaces with the goal of directly connecting the human brain to computers. Their neurotechnology is initially focused on giving people with paralysis the ability to control digital devices and is being developed to treat other neurological disorders.
| Valuation | $10B (Joined July 2021) |
| Headquarters | Fremont, California, United States |
| Year Founded | 2016 |
| Founders | Dongjin Seo, Elon Musk, Max Hodak |
| Funding Amount | $1.3B |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Venture Round |
| Top Investors | Founders Fund, Sequoia Capital, Craft Ventures, Valor Equity Partners, Lightspeed Venture Partners |
Owned by China’s Ping An Insurance Group, Ping An Healthcare Management specializes in medical data collection and analysis. They use this data to build a comprehensive healthcare service platform that connects patients, providers, and payers across the country.
| Valuation | $9B |
| Headquarters | Shanghai, Shanghai, China |
| Year Founded | 2005 |
| Founders | Mingzhe Ma |
| Funding Amount | $1.2B |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series A |
| Top Investors | SoftBank Vision Fund, SBI Group, IDG Capital, Hermitage Equity Partners |
WeDoctor built a medical health technology platform that offers online services for hospitals and doctors. Their system connects patients with healthcare providers for services like digital consultations and online appointment booking.
| Valuation | $7B |
| Headquarters | Xiaoshan, Zhejiang, China |
| Year Founded | 2010 |
| Founders | Liao Jieyuan, Zhang Xiaochun |
| Funding Amount | $1.5B |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series F |
| Top Investors | HSG, Tencent, Hillhouse Investment, Goldman Sachs, Qiming Venture Partners |
Doctolib builds a booking platform that connects patients with healthcare professionals for online and in-person appointments. They are known for simplifying how people find a doctor and schedule medical care, serving millions of users across Europe.
| Valuation | $6.4B (Joined March 2019) |
| Headquarters | Paris, Ile-de-France, France |
| Year Founded | 2013 |
| Founders | Franck Tetzlaff, Ivan Schneider, Jessy Bernal, Stanislas Niox-Chateau, Steve Abou Rjeily, Thomas Landais |
| Funding Amount | $815M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series F |
| Top Investors | Bpifrance, Accel, General Atlantic, Eurazeo, AGORANOV |
OpenEvidence offers an AI-powered medical search engine to help clinicians make faster, more informed decisions. Their tool synthesizes complex medical literature, giving clinicians quick access to evidence-based insights for patient care.
| Valuation | $6B (Joined February 2025) |
| Headquarters | Cambridge, Massachusetts, United States |
| Year Founded | 2021 |
| Founders | Daniel Nadler, Zachary Ziegler |
| Funding Amount | $517M |
| Company Size | Lean Team (11-50) |
| Last Funding Status | Series C |
| Top Investors | Coatue, Bond, Thrive Capital, Sequoia Capital, Kleiner Perkins |
Abridge builds an AI-powered platform that structures and summarizes medical conversations into clinical documentation. Their technology is designed to save clinicians time and reduce burnout by automating the note-taking process after patient visits.
| Valuation | $5B (Joined February 2025) |
| Headquarters | Pittsburgh, Pennsylvania, United States |
| Year Founded | 2018 |
| Founders | Florian Metze, Sandeep Konam, Shivdev Rao |
| Funding Amount | $757.5M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series E |
| Top Investors | Bessemer Venture Partners, IVP, Andreessen Horowitz, Khosla Ventures, Lightspeed Venture Partners |
United Imaging Healthcare develops and manufactures a full portfolio of advanced medical imaging and radiotherapy equipment. Their technology provides healthcare professionals with tools for diagnostics, treatment, and research.
| Valuation | $5B |
| Headquarters | Shanghai, Shanghai, China |
| Year Founded | 2011 |
| Founders | Daniel Mou |
| Funding Amount | CN¥3.3B |
| Company Size | Enterprise Organization (5,001+) |
| Last Funding Status | Series A |
| Top Investors | CMB International Capital Corporation, China Life Insurance, CICC, SDIC Fund Management, CITIC Securities |
Cerebral operates a mental health telemedicine company that provides patients with long-term, comprehensive care. Through its platform, people can access therapy, counseling, and medication management from licensed professionals entirely online.
| Valuation | $5B (Joined June 2021) |
| Headquarters | San Francisco, California, United States |
| Year Founded | 2020 |
| Founders | Ho Anh, Sami El Allaoui |
| Funding Amount | $487M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Undisclosed |
| Top Investors | Liquid 2 Ventures, Oak HC/FT, Artis Ventures, Prysm Capital, Gaingels |
Miaoshou Doctor runs a digital health platform designed to improve communication between doctors and their patients. The service provides a direct line for medical consultations and follow-ups through its mobile health application.
| Valuation | $4.25B (Joined June 2019) |
| Headquarters | Beijing, Beijing, China |
| Year Founded | 2015 |
| Founders | Daoliang Han, Tao He |
| Funding Amount | $946.5M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series F |
| Top Investors | Sequoia Capital, HSG, OrbiMed, Qiming Venture Partners, B Capital |
Sword Health has developed an AI-powered platform for delivering clinical-grade physical therapy at home. Their solution helps people recover from musculoskeletal pain by combining professional human expertise with advanced sensor technology.
| Valuation | $4B (Joined November 2021) |
| Headquarters | New York, New York, United States |
| Year Founded | 2015 |
| Founders | Márcio Colunas, Virgílio Bento |
| Funding Amount | $493.5M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Venture Round |
| Top Investors | Khosla Ventures, General Catalyst, Sapphire Ventures, Bond, LocalGlobe |
The Remaining 65 Medical Unicorns
The ten most valuable companies are just the beginning. Though founders are building medical startups around the world, most of these unicorns still come from the United States and China.
Together, they're tackling a wide range of problems, from diagnostics to new models for patient care. Here’s a look at the other startups shaping the future of medicine.
